Toubani Resources Ltd T.TRE

Primary Symbol: TOUBF

Metals & Mining Gold

Toubani Resources Ltd is an Australia-based exploration and development company. The Company is focused on advancing gold development projects with its oxide dominant Kobada Gold Project. The Kobada Gold Project is located in southern Mali, approximately 125 kilometers (kms) on a straight-line south-southwest of the capital city, Bamako, and is situated adjacent to the Niger River and the international border with Guinea. The Kobada Gold Project is based on one mining exploitation permit (Kobada) of 136 square kilometers (km2) and two exploration permits (Faraba and Kobada Est) of 77 km2 and 45 km2. The Kobada main deposit hosts 2.4 million ounces (Moz) of predominantly free-dig, oxide gold over a strike extent of 4.5 kilometers, which is also open at depth with mineralization open down dip. Toubani Resources Mali SARL is the wholly owned subsidiary of the Company.

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Toubani Resources Ltd

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Post by ghost11on Jul 27, 2011 9:45pm

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Post# 18881155

TRE one of few stocks to gain today

In the face of market sell -off. If sentiments improve tom. we could see 10 dollars. Although TRE does not follow markets now being a special case. Many may have sold TRE( a winner) to cover losses/margins else where or at least did not have the money or the guts to buy with sentiments bad in general.

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